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SK Hynix Posts Record Profit Amid AI Rush

Bloomberg Markets·October 28, 2026·1 min read

SK Hynix reported a seven-fold surge in quarterly profit, beating expectations, and unveiled a 2026 shareholder return program worth 100 trillion won ($75 billion), driven by strong AI hardware demand. Counterpoint Research Director MS Hwang commented on the results in the context of broader industry trends, highlighting the company's robust performance amid the AI boom.

Read at Bloomberg Markets
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